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Nov 28, 2012
11/12
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president obama did not event trillion dollar deficit. he inherited them. the day he took office, we were in a freefall. despite extraordinary steps needed to do with a great recession, the deficit has decreased every year for the last three years, from 10% of gdp in 2009 to 7% of gdp today. the source is not the democratic national committee, but a respective publication. it has fallen faster over the past three years than it has in any stretch since demobilization in world war ii. after that, the only time the deficit has fallen faster is when the economy relapsed. the article went on to say, if u.s. history offers any guide, we are already testing the speed limits of a fiscal consolidation that does not risk backfiring. that is the point i am making. let us be careful as we implement deficit reduction that we are sensitive to the recovery. we do not move too quickly. now comes the basics. i go back to simpson-bowles. i think they have it right. put everything on the table. not only taxes and revenue, but spending cuts and entitlement reform. let me speak
president obama did not event trillion dollar deficit. he inherited them. the day he took office, we were in a freefall. despite extraordinary steps needed to do with a great recession, the deficit has decreased every year for the last three years, from 10% of gdp in 2009 to 7% of gdp today. the source is not the democratic national committee, but a respective publication. it has fallen faster over the past three years than it has in any stretch since demobilization in world war ii. after that,...
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Nov 29, 2012
11/12
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it will eventually come to an agreement with president obama and speaker boehner. what ever can be done now to get to that process, the sooner we get there, the better off we will be. will we get there before the new year? i do not know. but one reason it is good to look back at andrews is that help us get to an agreement. we had problems, but we essentially got there. that is the precedent that i think should be taken. my last point is value -- i went to the dark side, i joined cbo, then for most of the past 10 years i have been in the international budgeting community. i want to say that particularly to the gentleman on my right. and this is a tremendous value that is not recognized in the u.s. the value is the spending caps. by spending caps, i mean not just pay-go and tax expenditures. that has served as a precedent for a number of countries that have had successful fiscal experiences since. they include sweden, switzerland, holland, chile, finland. it does not include the european union. the european union is still -- they are still suffering from it. i do not
it will eventually come to an agreement with president obama and speaker boehner. what ever can be done now to get to that process, the sooner we get there, the better off we will be. will we get there before the new year? i do not know. but one reason it is good to look back at andrews is that help us get to an agreement. we had problems, but we essentially got there. that is the precedent that i think should be taken. my last point is value -- i went to the dark side, i joined cbo, then for...
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Nov 22, 2012
11/12
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pretend president obama. and the total lack of credibility with some of this stuff is repellant to the middle of the electorate. and when you look at the demographics who is rush limbaugh talking to, white, 65 plus and rural. so you have these talk radio host making millions and millions of dollars a year driving a message of complete and total nonsense into the electorate, a lot of it poisoning. mark levine number three radio talk show host. a woman called up his radio show and had some descending viewpoint and he asked her if she had a gun and he said get it out and put a bullet in it and blow your brains out. ronald reagan would have been appalled by that if it happened. so you have this terrible tone. you have this actually factually baseless stuff that is spewing out and it has the impact which you have seen with these succession petition that is are being filed or the people that are all over the conservative blog sphere talking about it's the end of the republic is out of proportion response and i thin
pretend president obama. and the total lack of credibility with some of this stuff is repellant to the middle of the electorate. and when you look at the demographics who is rush limbaugh talking to, white, 65 plus and rural. so you have these talk radio host making millions and millions of dollars a year driving a message of complete and total nonsense into the electorate, a lot of it poisoning. mark levine number three radio talk show host. a woman called up his radio show and had some...
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Nov 29, 2012
11/12
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last week we talked about how the obama campaign one. this week we will talk about an important issue for conservatives and republicans. we appreciate bank of america's partnership throughout. we are going to bring you into the conversation. good morning, grover norquist. thank you very much. grover is very attached to his bad. >> they told me it was to streamline appeared for the bag. thank you for coming up. can republicans raise taxes? >> it is difficult. >> so not know? >> close to know. the republicans have built a brand as a party that will not raise your taxes. the pledge does not change over time, it does not change across state lines. in the past it was difficult to say to somebody, oh, i will not raise your taxes. why would we not believe you. the democrat also said it is not the time to raise taxes. the pledge it takes the weasel words out and says, i will go to the state capital, the legislators, congressman, i will reform government. it tells you an awful lot of what you want to know about an elected the official if they mak
last week we talked about how the obama campaign one. this week we will talk about an important issue for conservatives and republicans. we appreciate bank of america's partnership throughout. we are going to bring you into the conversation. good morning, grover norquist. thank you very much. grover is very attached to his bad. >> they told me it was to streamline appeared for the bag. thank you for coming up. can republicans raise taxes? >> it is difficult. >> so not know?...
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Nov 8, 2012
11/12
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obama changed the rule. he said he realized that unemployment was where it is but he will change the nature of the electorate. >> he is the first incumbent president since and jackson to be reelected with fewer votes than he got the first time. he will win with low 300 electoral votes. that is hardly a landslide. it is his mandate? -- what is his mandate? he did say, "elect me because that other guy is really scummy." he is overseeing a polarized electorate. we are a very clean the electorate. in walks president obama who now has to -- now has a second chance to fill the promises of his first election, which were to forge a consensus across the aisle to solve the big problems in this country. the election was too much about the small things. >> a stark reminder of the present cost challenge going forward. he won independence in 2008 but he lost them last night. he got out democrats. the center of this country preferred romney. >> the center of the country is tired of the status quo and voted for the status q
obama changed the rule. he said he realized that unemployment was where it is but he will change the nature of the electorate. >> he is the first incumbent president since and jackson to be reelected with fewer votes than he got the first time. he will win with low 300 electoral votes. that is hardly a landslide. it is his mandate? -- what is his mandate? he did say, "elect me because that other guy is really scummy." he is overseeing a polarized electorate. we are a very clean...
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Nov 9, 2012
11/12
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among those voters, obama 181- 18, which is a historic number. -- obama won 81-18. 60% of ward -- of the majority supported increase in income tax including a plurality that supports our position moving forward. 65% want to give illegal immigrants a chance to apply for status and 75% agreed the president's policy of moving forward favor the middle class. all those important lessons from 36 hours ago continue to make us feel good about what we have built. i will turn over to david plouffe to talk about some of the things we saw in the states. >> of david and jim mentioned a very important number, 56% of the moderate voters in the country supported the president. that is important. sometimes the independent voter question gives you a little bit of a false positive, because some of those folks are actually democrats are republicans. there are certain counties that really are bellwethers. a lot of them have a lot of suburban, moderate voters. loudon county in virginia, a quintessential suburban county. hamilton county in ohio, arapahoe county in colorado. that speaks to how well the camp
among those voters, obama 181- 18, which is a historic number. -- obama won 81-18. 60% of ward -- of the majority supported increase in income tax including a plurality that supports our position moving forward. 65% want to give illegal immigrants a chance to apply for status and 75% agreed the president's policy of moving forward favor the middle class. all those important lessons from 36 hours ago continue to make us feel good about what we have built. i will turn over to david plouffe to...
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Nov 9, 2012
11/12
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but with obama slightly ahead in both. but he would have needed to do florida and virginia and then he would need to get into colorado, iowa, new hampshire instill even winning all of that, we would be short of 270. and so, it was pretty clear, you know, going into election day that a whole lot had to happen right for romney get -- to get to 270. maybe either florida or virginia once all of those got counted, or maybe both of them fall to him, probably not. this sort of where it was. and there was one. back around, just kind of looking at the sequencing of it. romney was clearly dead in the water. just not moving. he was not far behind before the first debate. the b three, five points. but it looked like a hard 3, 5 points. and you get a sense, and you had a chance to look at the focus groups that pewter does at the university of pennsylvania and some others. and i got the impression that a lot of the undecideds that were out there, they were enormously disillusioned in supporting president obama. they did not want to vote
but with obama slightly ahead in both. but he would have needed to do florida and virginia and then he would need to get into colorado, iowa, new hampshire instill even winning all of that, we would be short of 270. and so, it was pretty clear, you know, going into election day that a whole lot had to happen right for romney get -- to get to 270. maybe either florida or virginia once all of those got counted, or maybe both of them fall to him, probably not. this sort of where it was. and there...
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Nov 8, 2012
11/12
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was called out by obama numerous times. everybody says obama attacked him in the beginning with the ads but he made the people aware. he let us know who we were dealing with some eight -- dealing with from the gate. the republican party needs to stop pointing figures - fingers at obama. we are where we are because they cannot come together as one and help the people of america. caller: everybody is cut in the president down for the people being on social security and all that. i broke my back 10 years ago and i am on disability. daughter depend on that. i would give up everything now if i could get a job. it is not the president, it is the insurance companies that these companies have that will not hire me because i am to have a risk. when i go down the street and the people that know me, the slack i get, it is uncalled for. if people would just start -- going and making an effort to making the world better instead of trying to cut it down all the time, we might get somewhere. caller: i am saddened today. i cannot believe t
was called out by obama numerous times. everybody says obama attacked him in the beginning with the ads but he made the people aware. he let us know who we were dealing with some eight -- dealing with from the gate. the republican party needs to stop pointing figures - fingers at obama. we are where we are because they cannot come together as one and help the people of america. caller: everybody is cut in the president down for the people being on social security and all that. i broke my back...
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Nov 14, 2012
11/12
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blacks obama rejected simpson- bowles. -- >> obama rejected simpson- bowles. why are you considering it? >> this is both a strength and a week -- weakness for simpson- bowles. simpson-bowles provides great architecture. it does not flesh out every detail. nobody has taken simpson-bowles and converted that from a well thought out blueprint into legislation because there are lots of various ambiguities. the overall architecture of simpson-bowles says we should achieve deficit reduction through combination of cuts and revenue. it seems to me we could take that as the starting point. that is how we had deficit numbers. my view is we take the ratios, "wall street journal simpson- bowlsimpson-bowles, and move forward. if we disagree, we have an obligation to come up with something else. the president's budget is actually much more closely aligned with the framework of simpson-bowles than the other budget we have seen coming out of the house, for example. partly by virtue of the fact he has revenue in addition to cats. the president's budget has some significant cuts
blacks obama rejected simpson- bowles. -- >> obama rejected simpson- bowles. why are you considering it? >> this is both a strength and a week -- weakness for simpson- bowles. simpson-bowles provides great architecture. it does not flesh out every detail. nobody has taken simpson-bowles and converted that from a well thought out blueprint into legislation because there are lots of various ambiguities. the overall architecture of simpson-bowles says we should achieve deficit...